Is the gas industry anticipating & preparing for the next surge in natural gas demand?  LNG, Artificial Intelligence, increasing electricity demand, closing of coal powered electrical generation plants plus other signs affecting natural gas demand are being reported.  Has it started yet and how will we see it impacting drilling in the Appalachian Basin including Pennsylvania? 

Which gas companies in Appalachia are best prepared for this new natural gas surge?

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Yes you described it pretty good.

I saw on the DEP efacts website notice yesterday two more Utica well permits issued  for the Painter Pad in Tioga County.  This looks like a mega pad for Utica wells.  How is Utica production results in Tioga County?  Will Utica replace Marcellus going forward?

So far, the Middlebury wells are the leaders for longevity and production.

Gas dropping hard lately ... Those shut in wells are opened ... 

So far, the heat wave hasn't had a positive effect on natural gas prices.

Are these Chesapeake wells?  I thought gas companies were content to drill & develop wells for future production.  Is their strategy not too solid?  Weak knees? 

EQT reopened 1 BCF / d recently ...... Baker Hughes rig count shows 4  more gas wells drilled this week vs last week ..... More gas from Permian as well .... 

Aprils royalty per MCF was CHK $ 1.18 , Mitsui $1.33, EQT $1.19, Seneca $1.51

Not very good royalty numbers.   Hot weather hasn`t moved them too high; what will colder weather do this fall & winter?

Not a good time to sell your gas.

How are Pennsylvania gas companies preparing for better market conditions?   News reporting is leaning towards higher gas prices in 2024 & 2025 & beyond.  Are gas companies preparing for these better market prices?

Vice President Vance is on our side.

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